Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Montrose Environmental Group Inc (MEG)
:MEG
RESEARCH TOOLSreports
Holding MEG?
Track your performance easily
MEG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$15.21 - $49.97
Previous CloseN/A
Volume195.70K
Average Volume (3M)643.70K
Market Cap
$763.88M
Enterprise Value$1.29B
Total Cash (Recent Filing)$2.49M
Total Debt (Recent Filing)$70.97M
Price to Earnings (P/E)―
Beta1.16
Next Earnings
Feb 26, 2025EPS Estimate
-0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.49
Shares Outstanding34,300,747
10 Day Avg. Volume615,862
30 Day Avg. Volume643,701
Standard Deviation0.18
R-Squared0.21
Alpha-0.00865
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.15
Price to Cash Flow (P/CF)17.00
P/FCF Ratio12.20
Enterprise Value/Market Cap1.68
Enterprise Value/Revenue1.91
Enterprise Value/Gross Profit5.36
Enterprise Value/Ebitda32.87
Forecast
1Y Price Target
$35.00Price Target Upside54.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Montrose Environmental Group News
PremiumCompany Announcements
Montrose Environmental Group Cancels Executive Stock Rights
PremiumCompany Announcements
Montrose Environmental Group Inc. Reports Record 2024 Results
PremiumCompany Announcements
Montrose Environmental Group Reports Record Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Market OpportunityThe PFAS opportunity continues to represent a compelling tailwind to MEG's organic growth story.
Organic GrowthMost business lines are seeing double-digit organic growth.
Strategic FocusManagement's decision to temporarily pause M&A in favor of redeeming MEG's Series A-2 preferred stock demonstrates the company’s attractive organic growth and strong cash flow generation characteristics.
Bears Say
EarningsThe stock appreciation rights (SARs) issued in 2021 continue to be a ~$9mn/year drag to earnings under GAAP accounting.
Market PerformanceMEG shares have significantly underperformed the peer group and the broader market since the Supreme Court's Loper Bright ruling.
Regulatory EnvironmentUncertainty on Federal regulations will likely color investors’ perception of MEG’s growth upside and limit the potential for re-rating.
---
Ownership Overview
9.16% Insiders
25.64% Mutual Funds
0.17% Other Institutional Investors
51.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
MEG FAQ
What was Montrose Environmental Group Inc’s price range in the past 12 months?
Montrose Environmental Group Inc lowest stock price was $15.21 and its highest was $49.97 in the past 12 months.
What is Montrose Environmental Group Inc’s market cap?
Montrose Environmental Group Inc’s market cap is $763.88M.
When is Montrose Environmental Group Inc’s upcoming earnings report date?
Montrose Environmental Group Inc’s upcoming earnings report date is Feb 26, 2025 which is in 35 days.
How were Montrose Environmental Group Inc’s earnings last quarter?
Montrose Environmental Group Inc released its earnings results on Nov 06, 2024. The company reported -$0.39 earnings per share for the quarter, missing the consensus estimate of -$0.082 by -$0.308.
Is Montrose Environmental Group Inc overvalued?
According to Wall Street analysts Montrose Environmental Group Inc’s price is currently Undervalued.
Does Montrose Environmental Group Inc pay dividends?
Montrose Environmental Group Inc does not currently pay dividends.
What is Montrose Environmental Group Inc’s EPS estimate?
Montrose Environmental Group Inc’s EPS estimate is -0.3.
How many shares outstanding does Montrose Environmental Group Inc have?
Montrose Environmental Group Inc has 34,300,747 shares outstanding.
What happened to Montrose Environmental Group Inc’s price movement after its last earnings report?
Montrose Environmental Group Inc reported an EPS of -$0.39 in its last earnings report, missing expectations of -$0.082. Following the earnings report the stock price went down -2.952%.
Which hedge fund is a major shareholder of Montrose Environmental Group Inc?
Currently, no hedge funds are holding shares in MEG
---
Montrose Environmental Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$35.00 (54.66% Upside)
$35.00 (54.66% Upside)
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.5%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.08%
12-Months-Change
Fundamentals
Return on Equity
-7.04%
Trailing 12-Months
Asset Growth
20.43%
Trailing 12-Months
Company Description
Montrose Environmental Group Inc
Media General Inc was incorporated as Legacy Media General in Virginia and became a public company in 1969. The Company owns or operates 31 network-affiliated broadcast television stations as well as related websites and mobile news applications. The Company's network affiliations include twelve CBS stations, nine NBC stations, seven ABC stations, one FOX station, one CW station and one MyNetworkTV station. Media General's stations operate across 28 markets, reaching approximately 16.5 million, or 14 percent, of U.S. TV households. The ownership, operation and sale of television stations are subject to the jurisdiction of the Federal Communications Commission, which acts under the authority granted by the Communications Act of 1934, as amended.
---
MEG Company Deck
---
MEG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strong quarterly financial performance, successful integration of acquisitions, and significant growth in key segments. However, challenges such as reductions in environmental emergency response revenue and temporary cash flow issues were noted. Overall, the sentiment is optimistic with confidence in future growth.Read More>---
MEG Stock 12 Month Forecast
Average Price Target
$35.00
▲(54.66% Upside)
Technical Analysis
Tetra Tech
―
Republic Services
―
Waste Management
―
Cra International
―
Aris Water Solutions
―
Best Analysts Covering MEG
1 Year
1 Year Success Rate
13/29 ratings generated profit
1 Year Average Return
+1.49%
reiterated a buy rating 6 days ago
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 44.83% of your transactions generating a profit, with an average return of +1.49% per trade.
---